INTC Stock Recent News
INTC LATEST HEADLINES
Intel (INTC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Recent price action in Intel Corporation NASDAQ: INTC stock has been anything but quiet. Shares have staged a multi-day price battle, bringing Intel's stock to multi-month highs, breaking convincingly above the $23 mark and posting a three-month gain of over 19%.
Intel Corp (NASDAQ: INTC) chief executive Lip-Bu Tan reportedly conceded in a recent Q&A session with employees that it's too late for the semiconductor firm to catch up to Nvidia in AI.
Intel Corp. INTC announced on Friday that it has separated its AI, robotics and biometric business into RealSense, an independent company.
Intel Corp (NASDAQ:INTC, ETR:INL) has completed the spinout of its RealSense division, establishing the computer vision and depth-sensing business as an independent company backed by $50 million in Series A funding. RealSense, which has operated within Intel for more than a decade, will now focus on advancing AI-powered vision systems for robotics, biometrics, and automation.
RealSense, a computer-vision and robotics company, raises $50 million in Series A funding.
Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp and secured $50 million in early-stage funding to accelerate expansion into the rapidly growing robotics sector.
Intel said its is spinning out its artificial intelligence robotics and biometric RealSense and announced a $50 million funding round. RealSense, which makes tools and technology for robotics automation, said it plans to use the funding to develop new product lines and meet growing demand.
SAN FRANCISCO--(BUSINESS WIRE)--RealSense, a pioneer in AI-powered computer vision, today announced its successful spinout from Intel Corporation and the close of a $50 million Series A funding round. With investment led by a renowned semiconductor private equity firm and participation from strategic investors, including Intel Capital and MediaTek Innovation Fund, RealSense now operates as an independent company focused on advancing innovation in AI, robotics, biometrics and computer vision. Th.
The latest trading day saw Intel (INTC) settling at $23.82, representing a +1.62% change from its previous close.